Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV ...

This is the worst first-quarter figure recorded by the carmaker in China since 2020. In Germany, meanwhile, BMW sales were down 1.3%, while consumers in the Americas and the US bought more vehicles.

BMW group sales fell slightly in 2024 as the German automaker was hit by technical issues and subdued demand in China. The company, which houses its namesake brand as well as the Mini and Rolls ...

Seres' sales tripled in three years to around 427,000 vehicles in 2024. Read more at straitstimes.com. Read more at ...

BMW AG’s China sales dropped to the lowest in five years during the first quarter as intense competition with local manufacturers continued to erode its share of the world’s biggest car market ...

Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors. Volkswagen, Toyota ...

German luxury brands like BMW and Mercedes-Benz continue to lose share to Chinese manufacturers, with BYD leading the charge in the EV and luxury segments.

Analysts forecast that China’s EV price war will force many smaller players out of the market within the next two years.

Q3 sales down 13% at BMW, down 3% at Mercedes Both report lower sales in China BEV sales fall at Mercedes, rise at BMW The German car sector is facing multiple challenges, ranging from high ...

the main source of the automaker's woes is China. Despite BMW Group's sales rising slightly in the US and Europe, they collapsed 13.4% in the world's largest car market last year. BMW has found ...